JinkoSolar profit nearly triples on higher shipments, prices

The Chinese company said net profit attributable to
shareholders rose to $22.3 million, or 64 cents per American
depositary share (ADS), in the quarter ended June 30, from $8
million, or 36 cents per ADS, a year earlier.

Total shipments shot up to 659.5 megawatts (MW) in the
quarter from 489.2 MW a year earlier. The company shipped 581.2
MW in the first quarter.
(Reporting By Shubhankar Chakravorty in Bangalore; Editing by
Don Sebastian)

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